County Bond Financial News

Good yield: Currently, the yield on US government securities of various maturities, such as 1, 2, 3, 5, 7, and 10-year, is in the 4.5% to 5.5% range. These are attractive yields when compared to yields on these securities in the past. These yields were last seen in 2007-08, which was 15 years back.

Peter Doherty (right) and Chris Turdean (left) have joined Titan Asset Management to keep running the Tideway UCITS Funds ICAV and the Titan Hybrid Capital Bond fund.

shares rallied on Tuesday amid speculation that the central bank will loosen yield curve controls later in the day, offsetting a big drop in tech stocks following declines for U.S. peers and disappointing earnings from Panasonic. The Topix banking index climbed 2.25% as of 10:28 local time (0128 GMT) to lead gains among the Tokyo Stock Exchange's (TSE) 33 industry groups. The Nikkei newspaper reported overnight that the Bank of Japan will consider raising the ceiling for long-term yields from the current 1% at its policy meeting likely ending sometime around the TSE's midday trading recess. The benchmark 10-year Japanese government bond yield jumped to a fresh decade high at 0.955% shortly after the market open, while the yen traded around 149.42 per dollar after reaching a nearly two-week high of 148.81 overnight. «It feels to me personally like there's going to be a policy tweak today» by the BOJ, said Kazuo Kamitani, an equity market strategist at Nomura Securities. However, in the event of a hawkish shift, «I don't expect a big swing in the long-term yield from here, as it's already come a good way, but investors will want to confirm that,» he said. Japan's Topix index gained 0.43%, with an index of value shares such as banks rallying 0.65%, outpacing a 0.21% rise for growth shares, which are predominantly tech names . The Nikkei 225 share average, with its heavy weighting for tech shares, slipped 0.18% to 30,640.89. Chip-testing equipment manufacturer Advantest was the Nikkei's biggest drag, shaving off 44 points with a 4.3% slide.

Oil prices rose in early Asian trade on Tuesday ahead of global central bank meetings and as tensions in the Middle East remained high. Brent crude futures rose 46 cents, or 0.53%, to $87.91 a barrel by 0001 GMT while U.S. West Texas Intermediate crude climbed 33 cents, or 0.4%, to $83.64 a barrel. Oil fell more than 3% on Monday as Israel's attacks on Gaza escalated although fears eased that the Israel-Hamas war would disrupt supply from the region. Israeli troops and tanks attacked Gaza's main northern city from the east and west on Monday, three days after it began ground operations in the Palestinian enclave. Traders were also keeping a close eye on global monetary policy, with rate-setting meetings of major central banks scheduled for this week. The Bank of Japan (BOJ) will be the first with its meeting on Tuesday where it is likely to revise up its inflation forecasts and discuss further tweaks to its bond yield curve control (YCC). Speculation grew on Monday that the BOJ would act after Nikkei, citing sources close to the matter, reported that policymakers may further tweak YCC to allow the 10-year Japanese government bond yield to rise above 1%. The U.S.

By Kevin Buckland

By Leika Kihara

Why JP Morgan’s Inclusion of Indian Bonds in the JP Morgan Government Bond Index – Emerging Markets Signifies a Mix of Positive News for the Indian Economy and a Growing Demand for Enhanced Fiscal Transparency and Accountability?

bond market. The disparate positioning of various dynamic bond funds, which are considered a proxy for the fund house’s fixed income stance, indicates that fund managers are not aligned on interest rates. The positioning of dynamic bond funds is best explained by the portfolio duration or average maturity.

gold has always been fascinating. Its value is not merely measured in carats or purity but in its ability to provide a haven of stability in turbulent economic waters. Gold can act as a smart signal to understand if the economy is going well.

Investing.com — U.S. Treasury yields soar to the highest levels since the financial crisis after a speech by Fed chair Jerome Powell, dragging stocks lower. Crude rises as the U.S. looks to refill its strategic reserves, while U.K. retail sales slumped in September.

Asian shares plumbed a fresh 11-month trough on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields pressured valuations, while supply concerns lifted oil prices further. The surge in the 10-year U.S.

Aditya Birla Sun Life AMC, said, “Our new passive offerings present an opportunity for investors to potentially earn higher returns, gain currency diversity, and access a trusted treasury market. It enables the investor to tap into the unique opportunity arising from a temporary yield curve dislocation in one of the world’s largest debt markets. At ABSLAMC, we always strive to offer innovative solutions that suit our investors' changing needs." The investment objective of the scheme is to generate returns that are in line with the performance of units of ETFs focused on US Treasury Bonds having maturity between 1-3 years.

Aditya Birla Sun Life Mutual Fund announced the launch of the Aditya Birla Sun Life US Treasury 3-10 Year Bond ETFs Fund of Funds, an open-ended fund of funds scheme investing in units of ETFs focused on US Treasury Bonds having maturity between 3-10 years.

The market capitalization of tokenized real-world assets (RWAs) could balloon to as much as $10 trillion by the end of the decade in a bullish scenario, argued digital asset management company 21.co in a recently released report.

Binance has expanded its Monitoring Tag list to include Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), and NEM (XEM) as of October 4, 2023, according to Binance official blog. The Monitoring Tag serves as a risk indicator for tokens with elevated volatility and risk. 

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

Plans by the Port of South Louisiana to purchase what was once a major shipyard for construction of military vessels have been delayed

Sovereign guarantee With the US Federal Reserve on a rate-hike spree, 1-year US treasury yields have climbed up from 0.38% in 2022 to 5.59% in October, making it a good time to invest in US debt. Given the inversion in the US yield curve (long-term yields are lower than short-term yields, see chart), the 0-1-year segment offers the highest yields of 5.43% to 5.59%. Compared to this, 10-year US treasuries are offering 4.80%.

Swiss-based real-world asset tokenizer Backed has introduced its latest tokenized security product, bIB01, on the Base blockchain, Coinbase's Layer 2 (L2) network.

Switzerland-based blockchain protocol Backed Finance has launched the first-ever tokenized government bond on the Base network. 

While bond yields have risen sharply lately, fund flows into bonds tell two very different stories. We have previously written much on the recent rise in bond yields related to economic growth, event risks, and recessions. To wit: